Top 6 Bitcoin Mining Stocks – The Best Bitcoin Mining Companies to Invest in for 2026

Bitcoin mining stocks can be an interesting option for the portfolio of investors that are bullish on cryptocurrency. These stocks provide an alternative way of gaining exposure to Bitcoin, and can even outperform BTC in certain contexts. 

The 6 best Bitcoin mining stocks to invest in 2026:

1. Marathon Digital Holdings – The biggest US-listed Bitcoin miner
2. CleanSpark – A Bitcoin miner focused on low-carbon energy sources
3. Riot Blockchain – A major Bitcoin miner with a fleet of over 100,000 miners
4. Cipher Mining – A Bitcoin mining company launched by Bitfury
5. Core Scientific – A Bitcoin miner that has re-emerged from bankruptcy 
6. Hut 8 Mining – A diversified Bitcoin mining company with strong infrastructure

Exploring the top 6 Bitcoin mining stocks in 2026

As the next Bitcoin halving approaches, the subject of Bitcoin mining is likely to get a significant boost in exposure. Therefore, it’s important to stay up to date with the latest developments in the Bitcoin mining industry.

Without further ado, let’s explore our list of the best Bitcoin mining stocks in 2026. We’ve focused on Bitcoin mining companies that are publicly traded in the United States, which makes it possible for any US investor to invest in them.

1. Marathon Digital Holdings – The biggest US-listed Bitcoin miner

Marathon is a major United States-based Bitcoin mining company, sporting 28.7 EH/s of operational hash rate as of February 17, 2026. Marathon’s mining fleet, which is distributed across 11 mining facilities, has an impressive efficiency of 18.6 J/TH.

The company is listed on the NASDAQ stock exchange under the ticker MARA. As of February 2026, Marathon has a market capitalization of roughly $2.82 billion, which makes it the most valuable US-listed Bitcoin mining company. 

Marathon is also notable for the significant Bitcoin holdings in its treasury. As of October 2, 2025, Marathon owned 52,850 BTC, which translates to $3.58 billion at the current Bitcoin price ($67,700). 

In March of 2024, Marathon unveiled a new two-phase immersion cooling system for data centers called MARA 2PIC700.

2. CleanSpark – A Bitcoin miner focused on low-carbon energy sources

CleanSpark is a United States-based Bitcoin mining company that places an emphasis on mining with the use of low-carbon energy sources such as wind, solar, nuclear, and hydro power. 

The company is fostering a sustainable energy framework by buying premium renewable energy credits and connecting to low-carbon power sources on the grid.

The company mines Bitcoin across 9 operations, primarily in the Southern part of the United States. CleanSpark owns and operates 8 mining operations and uses co-location services offered by one mining operation. 

CleanSpark is publicly traded, as it’s listed on the NASDAQ stock exchange under the ticker CLSK. At the time of writing, CleanSpark has a market cap of $2.41 billion. 

As of January 2026, CleanSpark had 133,963 ASIC miners in its fleet, and achieved an efficiency of 16.1 J/TH. The company’s fleet had a hashrate capacity of 50.0 EH/s. The company also had Bitcoin holdings of over 13,500 BTC.

3. Riot Blockchain – A major Bitcoin miner with a fleet of over 100,000 miners

Riot Platforms, previously known as Riot Blockchain, is one of the leading Bitcoin mining entities in the United States, boasting more than 100,000 ASIC miners. The company has demonstrated a consistent ability to generate profit and has been on a fast track of expansion. 

In addition to mining Bitcoin with their own ASIC miners, Riot Blockchain also provides infrastructure for Bitcoin mining and data center hosting. This is particularly aimed at institutional clients, facilitated through its inaugural large-scale Bitcoin mining center located in Rockdale, Texas. 

This facility boasts a total developed capacity of 1.2 gigawatts, showcasing Riot Blockchain’s commitment to supporting the broader Bitcoin mining ecosystem and its scalability for institutional needs.

Riot has a purchase agreement with ASIC miner manufacturer MicroBT through which the company has purchased 8,320 M56S++ miners and 24,960 M56S++ miners.

4. Cipher Mining – A Bitcoin mining company launched by Bitfury

Cipher Mining is a Bitcoin mining company in the US that’s focused on operating data centers used in Bitcoin mining and strengthening the infrastructure powering the Bitcoin network. Cipher Mining is a subsidiary of Bitfury. 

As of June 2025, Cipher Mining had roughly 70,000 deployed mining rigs and an operating hash rate of 16.8 EH/s. This allowed the company to mine 234 BTC during the month. 

Cipher Mining is listed on the NASDAQ, where it trades under the ticker CIFR. The company has a relatively small market capitalization of $6.09 billion, which could make it a compelling option for those who want to invest in a smaller Bitcoin mining company. 

5. Core Scientific – A Bitcoin miner that has re-emerged from bankruptcy

Core Scientific is a Bitcoin mining company founded in 2017. The company is listed on the NASDAQ stock exchange, trading under the ticker symbol CORZ. 

Core Scientific operates 6 data centers across the United States. Besides using the data centers to mine Bitcoin, the company also offers premium hosting services. 

Core Scientific has a market capitalization of $5.48 billion, which makes it one of the bigger US-listed Bitcoin mining companies in terms of market cap. 

It’s worth noting that Core Scientific filed for bankruptcy in December of 2022, citing low Bitcoin prices and surging energy costs, among other factors. However, the rising Bitcoin prices in 2023 allowed the company to re-emerge from bankruptcy. In January of 2024, Core Scientific received approval to exit bankruptcy and implement a restructuring plan. 

6. Hut 8 Mining – A diversified Bitcoin mining company with strong infrastructure

Hut 8 Mining (HUT) is a Canada-based Bitcoin mining company operating a fleet of more than 115,000 ASIC miners. The company is considered well-positioned ahead of the next halving thanks to its solid balance sheet and strong gross margins. Hut 8 has also been broadening its geographic footprint, expanding into markets such as the United States and Germany.

In 2025, Hut 8 is expected to acquire up to four natural gas–powered power plants in Canada with a combined capacity of 310 megawatts (MW). The company also plans to purchase a new mining site from Validus Power Corp. These developments follow its merger with US Bitcoin Corp., which was completed in December 2023. CEO Jaime Leverton said the acquisitions align with Hut 8’s infrastructure-first strategy and provide the company with added flexibility heading into the halving.

In November 2024, Hut 8 revealed plans to modernize its ASIC fleet by ordering 31,145 BITMAIN Antminer S21+ units at $15.00 per terahash, with delivery scheduled for early Q1 2025. The upgrade is expected to increase the company’s self-mining capacity by roughly 3.7 EH/s.

The bottom line

In 2023, the Bitcoin mining industry experienced significant growth, with many leading companies in the sector witnessing their values more than double over the course of the year. Although the Bitcoin halving will decrease the amount of BTC earned by miners, it could also help boost the price of BTC, which would work in favor of mining companies.

If you want to explore deeper into the world of investing, make sure to check out our article comparing crypto vs stocks.